$439,000 - $593,000
RENTED JUN 6, 2025

8 Binnacle Way Salem, SC 29676

4 Beds
2.5 Baths
-- Sq Ft
0.51 Acres

Last Sold August 07, 2015

Last sale price $178,900

Est. 198% increase in value since last sale

Current estimated payment $3,027/month

Highlights

  • On Golf Course
  • Water Access
  • Gated Community
  • Walhalla Middle School Rated A-
  • Fitness Center
  • Wooded Lot

About This Home

As of June 2025

***Available June 1, 8 Binnacle Way in Keowee Key, is a newly renovated home in the highly desirable Keowee Key community. It offers the best of resort-style living with the comfort of a modern, updated home. This property seamlessly blends contemporary updates with access to a wide range of community amenities. The home has been recently remodeled, featuring new luxury vinyl plank flooring, a gourmet kitchen, and elegant ceramic tile showers. The spacious family room flows into the dining area and sunroom, creating an open and inviting space ideal for both relaxing and entertaining. The large back deck spans the entire width of the home, providing plenty of room to enjoy the scenic views. Plus, the home is located on the 18th fairway of the Keowee Key golf course, offering beautiful views of the course and the surrounding landscape.Keowee Key is a community that offers a variety of amenities designed for an active lifestyle. Residents have access to an 18-hole golf course with practice facilities, two outdoor pools and one indoor pool, tennis and pickleball courts, a fitness center, walking trails, and access to Lake Keowee for boating, fishing, and other water activities. The on-site clubhouse includes two restaurants, making it easy to enjoy dining without leaving the community.Price advertised is for 12 months. Shorter term rental options maybe available, Inquire for more details.. Pers permitted with Owner approval, additional pet fees may apply. A Monthly Amenity Fee of $500 is required which includes community amenity access, water and sewer, and pest control. Experience a beautifully updated home and a resort-style lifestyle at 8 Binnacle Way in Keowee Key.

Last Agent to Rent the Property

Folkstone Properties

Folkstone Properties, LLC License #110734 Listed on: 04/29/2025

Last Renter's Agent

Folkstone Properties

Folkstone Properties, LLC License #110734 Listed on: 04/29/2025

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,346

Year Built

  • Built in 1987

Lot Details

  • 0.51 Acre Lot
  • On Golf Course
  • Cul-De-Sac
  • Wooded Lot
  • Landscaped with Trees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Masonite

Interior Spaces

  • 1-Story Property
  • Smooth Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Fireplace
  • Workshop
  • Sun or Florida Room
  • Vinyl Plank Flooring
  • Laundry Room

Kitchen

  • Breakfast Room
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • Hydromassage or Jetted Bathtub
  • Bathtub with Shower

Finished Basement

  • Heated Basement
  • Basement Fills Entire Space Under The House
  • Natural lighting in basement

Schools

  • Keowee Elementary School
  • Walhalla Middle School
  • Walhalla High School

Utilities

  • Cooling Available
  • Zoned Heating
  • Heat Pump System
  • Underground Utilities

Additional Features

  • Water Access
  • Outside City Limits

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 111-04-01-028

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include pool(s), recreation facilities, security
  • Keowee Key Subdivision

Amenities

  • Common Area
  • Community Storage Space

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center
  • Community Pool
  • Trails

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,346

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Directions: From Seneca. Hwy 130 to South entrance (Main) of Keowee Key. S Flagship Drive to left on Binnacle Way. Home at end of Cul-de-sac on golf course.
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential Lease
  • ResoCommunityFeatures: Common Grounds/Area, Fitness Center, Golf, Gated, Pool, Storage Facilities, Tennis Court(s), Trails/Paths, Water Access, Lake
  • ResoLotFeatures: Cul-De-Sac, Outside City Limits, On Golf Course, Subdivision, Trees, Wooded, Interior Lot
  • Lot Size Acres: 0.51
  • Water Body Name: Keowee
  • MLS Status: Closed
  • Subdivision Name: Keowee Key
  • Architectural Style: Ranch
  • Garage Spaces: 2.0
  • Unit Levels: One
  • ResoRoomType: Breakfast Room/Nook, Laundry, Sunroom, Workshop
  • Year Built Details: 31-50 Years
  • Year Built: 1987
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Year Built: 1987

Interior Features

  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
  • Has Basement: Daylight, Full, Finished, Heated, Interior Entry, Walk-Out Access
  • Interior Amenities: Ceiling Fan(s), Cathedral Ceiling(s), Fireplace, High Ceilings, Jetted Tub, Main Level Primary, Quartz Counters, Smooth Ceilings, Tub Shower, Breakfast Area, Workshop
  • Basement YN: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace: Yes
  • Flooring: Luxury Vinyl Plank
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Stories: 1

Exterior Features

  • Roof: Architectural, Shingle
  • Horse: No
  • Pool Features: Community
  • Construction Type: Masonite
  • Foundation Details: Basement

Garage/Parking

  • Attached Garage: Yes
  • Attached Garage: Yes
  • Parking Features: Attached, Garage, Garage Door Opener

Utilities

  • Cooling: Heat Pump, Zoned
  • Cooling Y N: Yes
  • Heating: Heat Pump, Zoned
  • HeatingYN: Yes
  • Sewer: Public Sewer
  • Utilities: Underground Utilities
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee Frequency: Annually
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Pool(s), Recreation Facilities, Security

Schools

  • Elementary School: Keowee Elem
  • High School: Walhalla High
  • Middle Or Junior School: Walhalla Middle

Lot Info

  • ResoLotSizeUnits: Acres

Tax Info

  • Parcel #: 111-04-01-028
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 29, 2024
Sold by
Bourgeois Damein G and Howell Farrah
Bought by
Jam Capital Llc
Current Estimated Value
$532,407

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,568
Outstanding Balance
$249,726
Interest Rate
6.9%
Mortgage Type
Construction
Estimated Equity
$285,725

Purchase Details

Listed on
Apr 22, 2015
Closed on
Aug 7, 2015
Sold by
Bourgeois Damein G
Bought by
Bourgeois Damein G and Howell Farrah
Seller's Agent
Darrell Gibbs
Gibbs Realty & Auction Company
Buyer's Agent
Les Walden
The Les Walden Team
List Price
$190,000
Sold Price
$178,900
Premium/Discount to List
-$11,100
-5.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.59%
Original Mortgage
$175,659
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 22, 2015
Closed on
Aug 5, 2015
Sold by
Capital Income & Growth Fund Llc
Bought by
Bourgeois Damein G
Seller's Agent
Darrell Gibbs
Gibbs Realty & Auction Company
Buyer's Agent
Les Walden
The Les Walden Team
List Price
$190,000
Sold Price
$178,900
Premium/Discount to List
-$11,100
-5.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,659
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Listed on
May 1, 2014
Closed on
Sep 25, 2014
Sold by
Bank Of America Na
Bought by
Capital Income & Growth Fund Llc
Seller's Agent
CONNIE FINLEY
Felix Finley Real Estate
Buyer's Agent
AGENT NONMEMBER
NONMEMBER OFFICE
List Price
$199,900
Sold Price
$137,550
Premium/Discount to List
-$62,350
-31.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
39.47%
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jam Capital Llc $315,711 None Listed On Document
Bourgeois Damein G -- --
Bourgeois Damein G $178,900 --
Capital Income & Growth Fund Llc $137,550 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jam Capital Llc $252,568
Previous Owner Bourgeois Damein G $175,659
Previous Owner Mielke Leon A $183,367
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/06/2025 06/06/25 Rented $3,500 +16.7% --
05/15/2025 05/15/25 For Rent $3,000 0.0% --
05/01/2025 05/01/25 Under Contract -- -- --
04/29/2025 04/29/25 For Rent $3,000 0.0% --
08/07/2015 08/07/15 Sold $178,900 -5.8% $61 / Sq Ft
07/15/2015 07/15/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $190,000 +38.1% $64 / Sq Ft
10/22/2014 10/22/14 Sold $137,550 -31.2% $47 / Sq Ft
09/22/2014 09/22/14 Pending -- -- --
04/30/2014 04/30/14 For Sale $199,900 -- $68 / Sq Ft
Source: Western Upstate Multiple Listing Service

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $1,346 $11,000 $988 $10,012
2023 $1,362 $11,000 $988 $10,012
2022 $1,362 $11,000 $988 $10,012
2021 $1,315 $10,451 $988 $9,463
2020 $1,315 $10,451 $988 $9,463
2019 $1,315 $0 $0 $0
2018 $2,470 $0 $0 $0
2017 $1,186 $0 $0 $0
2016 $1,186 $0 $0 $0
2015 -- $0 $0 $0
2014 -- $13,951 $1,725 $12,226
2013 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Western Upstate Multiple Listing Service

MLS Number: 20286975

Western Upstate Multiple Listing Service

APN: 111-04-01-028